Authority; No Violations. (a) Buyer has full power and authority to execute and deliver this Agreement and to perform Buyer’s obligations hereunder, and the execution, delivery and performance by Buyer of this Agreement has been duly authorized by all necessary corporate or other similar action on the part of Buyer. This Agreement constitutes a valid and legally binding obligation of Buyer, enforceable against Buyer in accordance with its terms, except as limited by the Bankruptcy and Equity Exception.
Appears in 4 contracts
Samples: Purchase Agreement, Purchase Agreement (Fifth Street Asset Management Inc.), Purchase Agreement (NewStar Financial, Inc.)